On the Record · Garmin
Garmin acquisitions, on the record
The businesses Garmin bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
JL AudioWord for word“We acquired JL Audio on September 19, 2023, and are in the process of integrating the acquired business into our overall internal control over financial reporting process.” 10-K for 2023 | acquisition | September 19, 2023 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $77.9 million | $38.1 million |
| 2017-12-30 | $90.5 million | $58.3 million |
| 2018-12-29 | $29.2 million | $16.8 million |
| 2019-12-28 | $300.3 million | $171.8 million |
| 2020-12-26 | $148.6 million | $89.5 million |
| 2021-12-25 | $20.2 million | $14.2 million |
| 2022-12-31 | $13.5 million | $9.9 million |
| 2023-12-30 | $150.9 million | $32 million |
| 2024-12-28 | — | $12.3 million |
| 2025-12-27 | — | $119.5 million |
Deal filings since 2016
- 2025-04-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-02-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Garmin’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.